Those following along with GEK TERNA Holdings, Real Estate, Construction S.A. (ATH:GEKTERNA) will no doubt be intrigued by the recent purchase of shares by Goergios Peristeris, CEO, MD & Chairman of the company, who spent a stonking €8.9m on stock at an average price of €4.80. Not only is that a big swing, but it increased their holding size by 13%, which is definitely great to see.
Check out our latest analysis for GEK TERNA Holdings Real Estate Construction
GEK TERNA Holdings Real Estate Construction Insider Transactions Over The Last Year
Notably, that recent purchase by Goergios Peristeris is the biggest insider purchase of GEK TERNA Holdings Real Estate Construction shares that we’ve seen in the last year. That implies that an insider found the current price of €5.15 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today’s share price, as the discount to value may have narrowed with the rising price. The good news for GEK TERNA Holdings Real Estate Construction share holders is that an insider was buying at near the current price. Goergios Peristeris was the only individual insider to buy over the year.
You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does GEK TERNA Holdings Real Estate Construction Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that GEK TERNA Holdings Real Estate Construction insiders own 15% of the company, worth about €76m. While this is a strong but not outstanding level of insider ownership, it’s enough to indicate some alignment between management and smaller shareholders.
So What Does This Data Suggest About GEK TERNA Holdings Real Estate Construction Insiders?
It’s certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of GEK TERNA Holdings Real Estate Construction we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing GEK TERNA Holdings Real Estate Construction. To that end, you should learn about the 3 warning signs we’ve spotted with GEK TERNA Holdings Real Estate Construction (including 1 which is significant).
If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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